Posts Tagged cyprus companies
When you decide to go for a Cyprus company formation with cclogic, we strive to ask a few questions before we get started. Since it is essential for us and yourself that you Cyprus Company get started and formed correct from the very first beginning then it is important that you give us as much information as possible.
Cyprus companies can be incorporated in many ways and you will need to let us know what the purpose of the company formation is also who the beneficial owner will be and how many shareholders you have.
Examples for a typical Cyprus Company Formation beginning:
Cyprus Company as new registration with the Cypriot company formation register (companies house) with 1 shareholder and 1 director which is the same as the beneficial owner. The number of shares will minimum need to be 1000, which means nothing in regards to the costs to form the Cyprus company, the proposed share capital is 1.000 shares, whereas in Para 4, issued number of shares is 1.
Additional you need a registered office address in Cyprus for your Cyprus Company and a registered secretary which is required by the law.
Setup costs EURO: 2.295.00 ~ USD 3.100.00
Nominee Directors and Shareholder
Some decide to go completely anonymous with their company formation in Cyprus, they decide to go for nominee shareholders and directors and by doing this, they will not be listed in the Cyprus company register at all.
Setup costs EURO: 3.075.00 ~ USD 4.200.00
Cyprus Company with foreign nominee shareholder and director
Finally some are in a hurry to get the Cyprus Company registered and start doing business, for this purpose we have always registered 10 Shelf Companies in Cyprus which are ready to be sold. A Cyprus Shelf Company isn’t any different than a new registration, it is just already registered and it takes less time to get started.
When you order a Cyprus Company which is already incorporated in Cyprus, we advice to make use of our nominee shareholders and directors services, those should be foreigners since your Cyprus company then will get the status as an International Business Company (IBC) and subject to 0% TAX.
Setup costs EURO: 3.865.00 ~ USD 5.250.00